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Old 09-11-2005, 11:57 PM
benneh benneh is offline
Senior Member
 
Join Date: May 2005
Location: ucla
Posts: 813
Default Re: Can anyone tell me when I have to start reporting my winnings..?

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taxed only on net.

unless you've won 10k+ and take it out in a chunk, i think you can mask the winnings and not worry. just withdraw in small amounts sporadically (500 or less). nobody will care/catch on hopefully

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I am winning about 3k a month and I have to take out more than a few hundred to get by. Lots of it stays in my roll, but i'm paying for part of my tuition, books, and housing with poker money, and I also need to purchase a new car (think i stated that in the first post), so masking my winnings isn't really an option.
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